Here’s why Treasury yields aren’t likely to rise after a debt ceiling resolution is reached, according to historical data and current trends, according to DataTrek.
Earnings Results: Cisco earnings beat, but the stock is falling on concerns about declining orders
Cisco Systems Inc. beat expectations for quarterly profit and sales Wednesday, but executives reduced their goal for full-year revenue and shares struggled.
: More than 197,000 tech-sector employees have lost their jobs since the start of 2023
2023 has already surpassed 2022 for global tech redundancies.
: Ovulation tracker app Premom charged with sharing users’ personal information
U.S. regulators said late Wednesday that Easy Healthcare Corp.’s ovulation tracker app Premom shared users “sensitive” personal information with third parties, and users’ health data with Google and a mobile marketing-analytics company.
Project Syndicate: The Fed and other central banks face a reckoning for the damage they’ve caused
Central bankers have severely impaired their credibility and must take accountability for their actions.
: ‘That voice was not mine’: Listen to a U.S. senator’s AI deep fake at a Capitol Hill hearing
AI had a moment on Capitol Hill this week, in the form of a senator’s opening statement at a hearing.
Washington Watch: Debt-ceiling standoff: What is the Democrats’ ‘discharge petition’ option?
Key questions and answers about the discharge position, a procedural move that Democrats want to use to force a debt-ceiling vote.
: Ford’s pivot to EV and other things to watch on investor day
Ford is scheduled to host an investor day on Monday, and the event comes at a “key time” for the automaker as it ramps up EV targets.
Financial Crime: Catch me if you can: cunning con artist convicted in phony check forgery scheme involving made-up charities
James Trankle created fake charities for veterans and cancer prevention, pocketed the donations and then crafted fake checks to steal more.
The Ratings Game: Fluence Energy’s stock surges after BofA abandons bearish stance on the pure-play ESS investor
Fluence Energy’s stock surged Wednesday after BofA upgraded the energy-storage-services company, saying near-term opportunities balance out longer-term risks.
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